The A - B - C rule stands for all business consolidated rule true or false?

In which type of 19th century organization were businesses combined in order to reduce competition?

Corporations, entities that sold shares of partial ownership in exchange for capital, became more common as the concept of limited liability emerged.
<span>Incorrect Answer(s)</span>

7 0

3 years ago

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On August 1, a $45,600, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principa

Juliette [100K]

Answer:

b. $17,376.06.

Explanation:

The computation of the payment made each on July 31 is as follows:

Given that

Note Value = $45,600 ;

Time = 3 years

Based on the above information

The payment made each year is

= Value of the note × PVIFA factor at 7% for 3 years

= $45,600 × 2.6243

= $17,376.06

Hence, the correct option is b.

6 0

3 years ago

The number of U.S. households with access to the Internet is growing rapidly. Compared to 50 years ago, one would predict that w

valina [46]

Answer: The correct answer is "(C) more information because the Internet has lowered the cost of gathering information.".

Explanation: Internet access provides people with an innumerable amount of information very quickly so we can say that the cost of gathering information has decreased.

7 0

3 years ago

The political environment in India has proven to be critical to company performance for both PepsiCo and Coca-Cola India. What s

wolverine [178]

Answer:

Explanation:

The political environment in India have played key role in company performance of PepsiCo and Coca-Cola India as follow:

- The Indian government viewed as unfriendly to foreign investors especially those who want to invest in other sectors apart from high tech sectors.

- Outside investment had been allowed only in high-tech sectors and was almost entirely prohibited in consumer goods sectors. The The “Principle of Indigenous Availability” (Policy banning imports being sold in India)

- Distribution Arrangements - Production plants and bottling centers were strategically placed in large cities all around India. They were more added as demand grew, along with new product lines. In Coca-Cola’s case, the JV with Parle provided access to its bottling plants and its products. By forming partnerships, both Coca-Cola and Pepsi were able to get initial access into the market.

5 0

3 years ago

Smith and Johnson are partners. Smith's capital balance in the partnership is $56,000, and Johnson's capital balance $42,000. Sm

Semenov [28]

Answer:The bonus that is granted to Smith and Johnson equals:$5,500

that is $2750 each for Smith and Johnson since they share equally.

Explanation:

Given that

Smith's capital balance = $56,000

Johnson's capital balance = $42,000

Since the partners agree to accept Benson with 25% interest

Benson invests $40,000

Now, After allowing Benson,

Total Partnership Equity =Smith's Capital + Johnson's Capital + Benson's Investment

=$56,000 + $42,000 +$40,000 = $138,000

The share of Benson in equity is given as,

$138,000 x 25% = $34,500

The Bonus that is present for Smith and Johnson is

Benson's investment - Benson share of equity

= $40,000 - $34,500

=$5,500

Thus,

When equally shared becomes $2750 each for both Smith and Johnson

6 0

3 years ago